Canada Inflation Rate in 1974
Inflation rate in Canada was 12.65% in 1974. That is 3.28 more than it was in the preceding 1973 and 3.23% more than in the following year of 1975.
Month over month inflation rate is calculated for just the subject month itself - from the first to the last day of that month:
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Month to month, % | 0.82 | 0.81 | 1.20 | 0.79 | 1.97 | 0.77 | 0.77 | 1.14 | 0.75 | 1.12 | 0.74 | 1.10 | 12.65 |
Year to year inflation rate is calculated for 12 months: 11 months preceding the subject one and the subject month itself:
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year over year (12 months), % | 9.29 | 9.21 | 10.53 | 9.96 | 11.64 | 11.54 | 10.97 | 10.83 | 11.20 | 11.98 | 11.89 | 12.65 | 12.65 |
Progressive inflation rate is an incremental year to date inflation that sums rates from the beginning of the calendar year to the end of the subject month:
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Progressive (year to date), % | 0.82 | 1.63 | 2.86 | 3.67 | 5.71 | 6.53 | 7.35 | 8.57 | 9.39 | 10.61 | 11.43 | 12.65 | 12.65 |
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